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Here’s Why the Consumer Spent More Money in June

June 5, 2023
in Trade Tube
Reading Time: 1 min read
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June retail sales rose 0.6 percent month-over-month, beating estimates of 0.1 percent, while the consumer price index rose 0.2 percent, missing forecasts of 0.3 percent, per government reports Friday. Consumers upped spending on home and garden materials in June, a category which saw a 3.9 percent jump in sales. ‘There’s no question

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